Result Page 914 for Latest Business News & Archive

Price Cuts: Tesla Slashes Prices On Model S, Model X, Model 3 Electric Vehicles

Tesla has reduced the price of its Model S, Model X, and Model 3 all-electric vehicles by about 6% after auto sales declined because of the coronavirus pandemic.

Back To Work: H&M Will Bring Back 2,500 Corporate Workers As It Reopens Stores

H&M has reopened select stores across the U.S. and will bring back its 2,500 headquarter employees by July.

Le Pain Quotidien’s U.S. Business Files For Bankruptcy, Proposes Sale To Save Some Locations

Le Pain Quotidien’s Belgian parent is also in an insolvency case.

TGI Friday’s Restaurant Closings 2020: Why The Restaurant Chain Is Closing 386 Locations

TGI Friday's has plans to close 386 restaurants amid the coronavirus pandemic. Here's why.

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Japan's Prime Minister Shinzo Abe has appeared in a video playing with his dog and watching TV as part of efforts to encourage Japanese people to stay at home

Japan Approves Another Trillion Dollar Stimulus Package To Combat Covid-19 Pandemic Impact

Japan has now signed off on stimulus spending of $2.18 trillion, or about 40% of the country’s entire GDP.

Another Retail Casualty Of Coronavirus: Tuesday Morning Files For Bankruptcy, Plans To Close 230 Stores

Tuesday Morning will close 230 of its 687 stores over the summer as its restructures after filing Chapter 11 bankruptcy.

Workers assemble personal protective equipment for COVID-19 frontline health workers at a factory commissioned by the government, in Accra, Ghana

Does Coronavirus Cost Americans Too Much Money? Consumers Facing Extra Costs For Precautions

Many businesses are imposing surcharges to cover the costs of protecting employees and customers from coronavirus infections.

French President Emmanuel Macron, complete with mask, during his visit to a car factory in Etaples, northern France

France Offers $8.8 Billion Package To Rescue Ailing Auto Industry

The rescue program has a focus on the development of electric vehicles

Traders enter the New York Stock Exchange as physical floor trading resumes for the first time since late March.

Wednesday’s Stock Market Open: US Equities Rise On Continued Optimism Over Economy Reopening

U.S. stocks rose on Wednesday as traders look forward to economy returning to some kind of normalcy.

Alphabet and Google CEO Sundar Pichai has highlighted cooperation with Apple in efforts to tackle the coronavirus pandemic

Coronavirus Update: Google Gives Employees $1,000 Each To Buy Work-From-Home Equipment

Google now accepts work-from-home as inevitable for the rest of the year and is giving each employee $1,000 dollars to buy the equipment and furniture to make this experience a more pleasant one.

Apple Stores Reopening: 100 US Locations To Open For Curbside Pickup

Apple is set to reopen around 100 more of its U.S. locations as it charts a course for post-COVID business.

Russia Launches Floating Nuclear Power Plant In Remote Arctic Region

Environmentalists are gravely concerned about the floating plant

The New York Stock Exchange, the symbolic heart of Wall Street, reopened its floor after a two-month closure due to the coronavirus, with traders donning masks and separated by plexiglas

Tuesday’s Stock Market Close: US Equities Rally On Hopes For Covid-19 Vaccines, States Reopening

U.S. stocks rose on Tuesday as Novarax began testing new covid-19 vaccine.

US Senate Majority Leader Mitch McConnell has signaled support for granting companies immunity from lawsuits due to restarting their businesses

More Stimulus Checks Coming? US Moving Forward With Second Round Of Direct Payments In Coronavirus Economy

Democrats and the Trump administration have expressed support for more stimulus legislation, as well.

Allstate insurance posts fourth quarter results as office shown in San Francisco

Allstate Extends Payback Program, Gives 15% Back For A Third Month

Allstate will give its customers 15% back on their auto insurance premium for April, May, and June.

A pedestrian walks with a shopping bag from a JC Penney department store in New York

JC Penney Launches Home Goods Brand To Draw In Customers Amid Bankruptcy Filing

JC Penney unveils Linden Street brand, but will it drum up sales?

Fiji Airways Receives Government Aid, Lays Off Half Of Workforce

Fiji Airways has laid off 758 workers

Hertz Pays $16 Million In Bonuses To Its Executive Team Amid Filing For Bankruptcy

Over $16 million in cash retention bonuses have been handed out to Hertz's executive team as the rental car company restructures.

Alibaba's dominant position in e-commerce means its results are closely watched as a barometer of overall consumer sentiment

E-Commerce In China: 10 Retail Trends Emerging For 2020 In Wake Of Coronavirus Pandemic

Coresight Research says livestreaming and short videos will grow in importance as retailers look for alternative shopping channels and expand vertical e-commerce sites.

Free Food: How To Get Free Donuts From Krispy Kreme All Week

Here's how to get free Krispy Kreme donuts all week long.

Uber Cuts 25% Of Workforce In India, As Ride Hailing Services Slowly Resume

Uber cut 600 jobs in India, but no drivers

Denny’s Restaurant Closures 2020: Which Locations Are Closing?

As many as 15 Denny's restaurants are closing. Here's why.

A US biotech firm Moderna has reported 'positive interim' results in early testing of a vaccine candidate

New Coronavirus Vaccine Candidate: Novavax Starting Clinical Trials Of NVX-COV2373 To Fight Pandemic

The first phase of the trial will enroll 130 healthy individuals ages 18 to 59 and take place in Australia while phase 2 will be conducted in multiple countries and widen the age range.

McLaren Layoffs 2020: Supercar Maker To Cut 1,200 Jobs As It Restructures

About 25% of McLaren's workforce will be cut as it looks to restructure amid the coronavirus pandemic.

Tuesday’s Stock Market Open: US Equities Rise on Optimism Over New Covid-19 Vaccine, Reopening Of Economies

U.S. stocks rose on Tuesday as Novarax begins testing new covid-19 vaccine.

Muni Bonds Having Strong May, But Are They A Good Long-Term Investment Amid Budget Deficits?

City and state governments across the country are facing huge budget shortfalls.

Chinese_President_Xi_Addresses_the_Opening_Session_of_the_U

Coronavirus Impact: China To Focus On Domestic Consumption As It Prepares For 'Worst Case Scenario'

Chinese President Xi Jinping told his top economic advisers Saturday that Beijing will pursue a development plan focused on domestic consumption as the coronavirus pandemic devastates economies and depresses demand.

Police fire tear gas and water cannon at thousands of Hong Kong pro-democracy protesters who gather against a controversial security law proposed by China, in the most intense clashes in months.

US Stock Market Futures: Dow Jones, S&P 500, Nasdaq Surge, Point To Tuesday Opening Gains

Wall Street is expected start the week with a bang as futures point to a modest rally but a new fight with China, this time over Hong Kong, threatens a rude end to the party.

With the airline losing one million euros per hour Lufthansa urgently needs a rescue

Coronavirus Economy: Lufthansa, Germany Reach $9.8 Billion Bailout Deal

The deal gives Berlin a 20% stake in the carrier.

Herbert Gilbert is one of tens of thousands of drivers who have sued Volkswagen for cheating emissions tests

Volkswagen Dieselgate: VW 'Unethical,' Top German Civil Court Orders Compensation In Emissions Scandal

The landmark ruling opens the way for German VW owners whose vehicles were equipped with devices that gave false emissions readings during testing to claim compensation.